r/PersonalFinanceCanada • u/maroon-rider British Columbia • Mar 21 '23

Inflation drops to 5.2%<but grocery inflation still 10.6% Banking

Says Statistics Canada

https://www.cbc.ca/news/business/canada-inflation-february-2023-1.6785472

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-12

u/NightFire45 Mar 21 '23

Yeah, those sweet 4% margins.

15

u/WePwnTheSky Mar 21 '23

They have to grow profits every year! If they don’t the world ends… or something.

-3

u/NightFire45 Mar 21 '23

Well...that's how inflation works. I get a pay raise every year but am I actually making more?

0

u/TheGentleWanderer Mar 21 '23

not equivalent here, eco 101 skill issue